- Revenue
- $9.6M
- Year founded
- 2015
- Funding
- $20.2M
- Team size
- 68
Top 10 Accounts Payable (AP) & Spend Analysis Software Companies With $5M–$10M Revenue (August 2026)
As of August 2026, Latka tracks 10 accounts payable (AP) & spend analysis software companies with $5M–$10M in annual revenue. They have combined revenues of $63.6M and employ 349 people. They have raised $20.2M and serve 150K customers combined.
Every company below sells accounts payable (AP) & spend analysis software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
What Accounts Payable (AP) & Spend Analysis Software Companies do
Accounts Payable (AP) and Spend Analysis Software refers to a category of tools that assist organizations in managing their outgoing payments and analyzing expenditure patterns. These systems streamline the process of invoice management, from receipt to approval and payment, reducing manual workloads and enhancing efficiency. By integrating spend analysis functionality, these tools enable businesses to monitor their expenses, identify spending trends, and uncover opportunities for cost savings and supplier optimization. Typically, users of AP and Spend Analysis Software include finance departments, procurement teams, and operations professionals who need to ensure accurate and timely payments while also analyzing spend data for strategic decision-making. Key features often include invoice processing automation, expense tracking, compliance support, reporting and analytics capabilities, and integrations with existing financial systems. With a focus on improving cash flow management and procurement processes, these applications play a crucial role in enhancing financial transparency and operational effectiveness.
- Companies
- 10
- Revenue
- $63.6M
- Funding
- $20.2M
- Employees
- 349
Filters
Sorting: Highest -> Lowest
Top Accounts Payable (AP) & Spend Analysis Software Companies With $5M–$10M Revenue
Showing 10 of 10 companies ranked by annual revenue.
- Revenue
- $8.7M
- Year founded
- 2019
- Team size
- 56
3
Centime Inc.
Boston, Massachusetts, United States
Centime is the leading cash management suite that helps fast-growing businesses easily control and manage cash flow. From forecasting, collections, invoicing, payments, credit, and reporting — our connected solutions leverage automation and artificial intelligence to help finance leaders increase productivity, reduce operational costs, and proactively manage risk. Centime is the only company to offer accounts payable, accounts receivable, and banking solutions* in one unified suite. More than 100 innovative organizations depend on Centime to power their finance operations. Centime is a privately held company based in Boston, MA, and was named 2022 Commercial Banking Fintech of the Year. To learn more, please visit www.centime.com. *Centime is a financial technology company, not a bank. *All banking products and solutions are provided by FNBO. Member FDIC.
- Revenue
- $7.3M
- Year founded
- 2021
- Team size
- 66
4
Fraxion
Seattle, Washington, United States
Procure-to-pay software for proactive spend management. Fraxion is the trusted software choice for mid-size companies worldwide, offering automation solutions for purchasing, expense, and accounts payable processes with advanced spend analytics. Fraxion’s procure-to-pay solution provides complete visibility, digital workflows, and proactive controls, making it the go-to solution for organizations seeking procurement efficiency and spend control. Fraxion actively manages over $16 billion of spend per annum at over 1,000 organizations, with more than 200,000 users. With Fraxion, you can drive accountable, policy-compliant spending company-wide and attain audit transparency via centralized digital records. Initiate time savings and operational cost reductions by adopting Fraxion's easy, mobile, and integration-ready procure-to-pay solution.
- Revenue
- $6.7M
- Year founded
- 1997
- Team size
- 61
5
Claritum
Bath, Wales, United Kingdom
Developer of a cloud based spend management platform designed to help companies streamline the purchasing of print and marketing services. The company's spend management platform uses consulting, integration services and cloud delivery as well as provides additional consulting services such as change management, project management, supplier management and analysis, enabling clients to maximise efficiency by integrating the software into their workflow.
- Revenue
- $5.7M
- Customers
- 150K
- Year founded
- 2002
- Team size
- 6
6
ESM Solutions
Philadelphia, Pennsylvania, United States
Provider of cloud-based e-procurement and spend management platform designed to make spend management a breeze. The company's spend management platform offers sourcing, purchasing, invoicing, analytics and contract management applications for education and public sectors, enabling them to organize, manage and analyze spend data to help them make intelligent financial decisions.
- Revenue
- $5.4M
- Year founded
- 1999
- Team size
- 42
7
A3 Freight Payment
Memphis, Tennessee, United States
A business process outsourcer for the accounts-payable function for freight invoices, with customers including large volume shippers
- Revenue
- $5.3M
- Year founded
- 2012
- Team size
- 14
- Revenue
- $5M
- Year founded
- 2001
- Team size
- 15
9
Legendary Supply Chain
Goodlettsville, Tennessee, United States
A software application enabling companies to manage all of their services, orders and accounting completely native on Salesforce.com.
- Revenue
- $5M
- Year founded
- 2016
- Team size
- 12
- Revenue
- $5M
- Year founded
- 2020
- Team size
- 9
Frequently asked questions about Accounts Payable (AP) & Spend Analysis Software Companies With $5M–$10M Revenue
How many accounts payable (AP) & spend analysis software companies with $5M–$10M in annual revenue are there?
Latka tracks 10 accounts payable (AP) & spend analysis software companies with $5M–$10M in annual revenue. Together they generate $63.6M in annual revenue and employ 349 people.
Which accounts payable (AP) & spend analysis software company with $5M–$10M in annual revenue is the largest?
Semine is the largest, with $9.6M in annual revenue, founded in 2015.
How much revenue does a typical accounts payable (AP) & spend analysis software company with $5M–$10M in annual revenue make?
The average accounts payable (AP) & spend analysis software company in this list makes $6.4M a year, across 10 companies with reported revenue. They serve 150K customers combined.
Who are the leading Accounts Payable (AP) & Spend Analysis software vendors with $5M–$10M in annual revenue?
Ranked by annual revenue, the leaders are Semine, Kodo, Centime Inc., Fraxion and Claritum.
How much funding have accounts payable (AP) & spend analysis software companies with $5M–$10M in annual revenue raised?
The 10 accounts payable (AP) & spend analysis software companies with $5M–$10M in annual revenue tracked here have raised $20.2M in disclosed funding between them.
Related ERP Software categories
Inclusion Criteria
- Must automate invoice receipt, approval, and payment processes. - Should provide spend analysis capabilities to track and report on organizational expenditures. - Must integrate with existing accounting and financial management systems. - Should offer compliance tracking features to ensure regulatory adherence. - Not just an expense management tool; must also support invoice processing workflows.